Marathon Petroleum merges with Andeavor Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the...
Rig Count: The Cana Woodford Basin in Oklahoma added nine rigs over the week. The U.S. oil drilling rig count rose for...
As far back as I can remember I’ve always heard that as a mineral owner you always want to take the highest...
Longpoint Minerals II, Llc, Limited Liability Company just filed Form D announcing $334.95 million equity financing. This is a new filing. Longpoint Minerals...
A cluster of earthquakes in Oklahoma earlier this month helped push the state to 62 temblors this year alone of magnitude 3.0...
The data in this report is compiled and provided by Oseberg, a next-generation oil & gas information and data analytics company that offers...
Texas gains 8, Oklahoma down 1 rig as U. S. rig count rises to 1,013 Oil prices were steady on Monday as...
The great Permian Basin land rush is over. With the top acreage gobbled up, few companies are staking new claims. Instead, the...
ConocoPhillips announced this week that it made three new oil discoveries on the Western North Slope in Alaska. Showing a promising future...
Bloomberg is reporting that bottlenecks on the U.S. natural shale gas superhighway are starting to stack up, raising concerns about whether the...
Operators are set to expand beyond core acreage in 2026, targeting appraisal zones to secure long-term inventory for power generation and LNG exports. Wood Mackenzie’s latest outlook identifies the Western Haynesville, southwest Eagle Ford, and deep Pennsylvania Utica as prime targets for increased wildcatting. While the Western Haynesville is projected to deliver significant volumes by 2035, the industry landscape is increasingly bifurcating into two commodities.
Oil-focused regions face headwinds, with total Lower 48 oil production expected to stall for the first time since the pandemic. Despite this, core Permian zones, including the Delaware and Midland Wolfcamps, are forecast to generate over 50% of U.S. onshore liquids next year. Efficiency gains remain a key driver, allowing operators like Diamondback Energy to maintain output despite a projected drop in the horizontal rig count to below 500.
Conversely, the M&A market is pivoting toward gas-weighted opportunities following a lackluster 2025. International players are expected to enter the fray, seeking physical hedges against LNG export volumes. As Permian-associated gas rises and dedicated gas plays accelerate, the market anticipates a firm floor under long-term pricing, driven by strategic capital chasing supply security.

The Permian Basin is approaching a defining arithmetic milestone in December 2025. According to...
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
China’s first national-level shale oil demonstration zone, located in Jimsar County in Northwest China’s...
Story By Alexander C. Kaufman |Canary Media| Geothermal energy is undergoing a renaissance, thanks...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf...
Mella McEwen | Midland Reporter-Telegram | ExxonMobil has released its updated corporate plan through...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
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